Launched to ring in the new semester for students at Ranong and Mukdahan provinces, a project titled "Insurefluencer the new GEN" has received better-than-expected feedback, said Office of the Insurance Commission (OIC) deputy secretary-general for the supervision of intermediaries and regional insurance Wasumdee Wasinon.
Prudential Thailand's shift towards high-margin, needs-based products that are less sensitive to interest rates, has helped the company to protect profitability while growing market relevance, according to Prudential Thailand CEO Bundit Jiamanukoonkit.
AM Best has upgraded the Financial Strength Rating to B++ (good) from B+ (good) and the Long-Term Issuer Credit Rating to 'bbb' (good) from "bbb-" (good) of Asian Reinsurance Corporation (Asian Re) (Thailand). The outlook of these Credit Ratings (ratings) is stable.
Krungthai-AXA Life Insurance has appointed Ms Saraswadee Kupatapong as chief people officer, according to a post on LinkedIn. She joined the company in 2018 as chief HR business partner officer.
Thai Life Insurance (TLI) is creating an ecosystem to provide comprehensive care and services to seniors through its "Thai Life Insurance Health Fit Senior CI".
Insurance premiums totalled THB448bn ($13.7bn) in 2024, a 0.75% rise from the previous year, according to figures released by Thailand's insurance regulator, the Office of the Insurance Commission (OIC).
Muang Thai Life Assurance is the first life insurance company in Thailand to sign the Principles for Responsible Investment (PRI), an internationally supported investment principle by the United Nations.
Mitsui Sumitomo Insurance Thailand Branch (MSITB) and MSIG Insurance (Thailand) Public Company Limited (MSIG Thailand) have signed a memorandum of understanding with Bank of China (Thai) Public Company Limited (BOC Thai) and China Pacific Insurance (CPIC), to form a strategic bancassurance alliance in Thailand.
When representatives from the Japanese Financial Services Agency (FSA) paid Thailand's insurance regulator, the Office of the Insurance Commission (OIC) a courtesy visit, they engaged in discussions on supervisory approaches in the insurance sector.
In its role as the country's insurance regulator, Thailand's insurance regulator, the Office of Insurance Commission (OIC), is promoting motor coverage as a risk management tool to alleviate losses from road accidents, as well as promote safety and create sustainable security for the public.